How much does Chad have to pay the dealership on the day he signs his lease agreement?

• $256.94

• $400.00

• $3,500.00

• $4,241.94

Tags

TEKS.MATH.7.3B

How many years is Chad’s lease for?

• 3 years

• 4 years

• 5 years

• 6 years

Tags

TEKS.MATH.P.5C

What is Chad’s monthly lease payment?

• $150.00

• $244.69

• $256.94

• $400.00

Tags

TEKS.MATH.P.5C

What day of the month is Chad’s monthly payment due?

• The 1st

• The 15th

• The 30th

• It’s different each month

Tags

TEKS.ELA.CM.5

TEKS.ELA.P.1A

TEKS.ELA.RI.4E

TEKS.ELA.VM.1A

TEKS.ELA.VM.2C

If Chad decides to turn in his car after the lease instead of buying it, how much will it cost him to do so assuming he doesn’t have any excessive mileage or damage?

• There will not be a fee

• $150.00

• $400.00

• $1000.00

Tags

TEKS.MATH.7.4D

What is the total out of pocket expense that Chad will pay to lease this car, assuming he incurs no additional usage or wear expenses?

• $4,241.94

• $12,350.00

• $16,368.12

• $22,300

Tags

TEKS.MATH.7.11A

How much is the dealership expecting the car’s value to decrease over the course of the lease?

• $3,500.00

• $5,295.00

• $6,450.00

• $12,350.00

Tags

TEKS.MATH.P.2A

TEKS.MATH.P.2G

TEKS.MATH.P.2J

TEKS.MATH.P.2N

At the end of his lease, how many total miles can Chad have on his car without incurring an extra charge?

• 10,000 miles

• 20,000 miles

• 30,000 miles

• 40,000 miles

Tags

TEKS.MATH.6.7B

If Chad brings back the car in 4 years with 41,000 miles on it, how much extra will he have to pay for excessive use?

• $0

• $150

• $1,650

• $12,350

Tags

TEKS.MATH.7.11A

If Chad wants to buy this car at the end of his lease, what will the car’s value be?

• $11,745.00

• $12,350.00

• $18,800.00

• $22,300.00

Tags

TEKS.MATH.7.11A